2014 Hot topics for internal audit in financial services

Looking ahead

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The role of internal auditors in the financial services sector remains under scrutiny. Internal Audit is expected to be highly influential and visible in providing value to their organizations. This year, a number of emerging topics have taken center stage for the financial services industry. Internal audit functions will need to have considered their approach to these matters and to demonstrate coverage of a number of sensitive and sometimes ambiguous topics.

This report from Deloitte UK explores the key topics that internal audit functions should be covering in their audit universe for 2014:

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a detailed description of DTTL and its member firms.